No, the estate tax isn’t dead, Fidelity reminds investors in “Tax Reform and Estate Planning”, even if it is in a coma until the end of 2025. True, 2018’s tax reform had far-reaching implications, including an increase in the federal estate tax exclusion to $11.4...
If you are not married, you might not think that making an estate plan is a priority for you. This may be especially the case if you are young and have no children. However, the reality of the matter is that anyone can benefit from some form of estate planning. In...
By Rebecca W. Geyer Guardianship, among the most restrictive options for assisting disabled individuals because it takes decision-making rights away from the person, is a commonly used means of assisting people with disabilities. Under Indiana law, when a person...
Many people, when they walk down the aisle, do so with a very complicated financial past. There are many reasons why people across the United States are looking into prenuptial agreements, and it is not due to a lack of romance. In fact, having a prenuptial agreement...
There’s a lot of press devoted to the fact that many Millennials are waiting. Waiting, that is, to do three things, including: getting married buying a first home having children But, should that mean Millennials have little reason to do estate planning? Not at all,...
By Cara M. Chittenden A living will lays out your preferences for life-sustaining medical treatment. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living...
When it comes to special needs planning and retirement planning, coordinating with benefits from Social Security is essential.
By Rebecca W. Geyer Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky. Proper planning by parents is necessary to benefit the child...
Despite popular belief, you do not need to be rich, elderly or sick to have an estate plan. If you have a house, car, money in the bank or cherished belongings, you can benefit from creating an estate plan. Not only can a plan help you maximize the value of your...
“The right decision can be a retirement game-changer - and so can the wrong one,” cautions Ed Slott in Financial Planning magazine, referring to the choice many employees are given between a lump sum buyout and a pension. As estate and elder law attorneys, we not only...
